Thyssenkrupp to invest €2bn in hydrogen DRI plant
German steelmaker plans one of world’s largest hydrogen-powered direct-reduced iron facilities at its Duisburg complex
Germany’s Thyssenkrupp plans to spend more than €2bn ($2bn) on the construction of one of the world’s largest hydrogen-powered direct-reduced iron (DRI) plants at its Duisburg steelmaking complex in the Ruhr region. The company expects to start awarding contracts for the project in the next few months, with the facility scheduled to start up in 2026. It will have a production capacity of 2.5mn t/yr—larger than initially planned. The investment is still subject to the securing of some public funding, Thyssenkrupp says. The new DRI plant would replace some of the Duisburg site’s coking coal-fired blast furnace capacity. Thyssenkrupp’s steel operations account for about 2.5pc of Germany’s CO₂ e
Also in this section
10 January 2025
Country’s emerging clean hydrogen sector faces its first big political test as centre-right party leads in polls
8 January 2025
In the first of our series of excerpts from the 2025 Hydrogen Market Databook, we look at how green and blue hydrogen will drive the energy transition, despite significant differences in forecasts for future demand
7 January 2025
A greater number of projects will be eligible for 45V tax credits following a long period of industry consultation
2 January 2025
From politics to power and pipelines, the year ahead looks challenging for the emerging clean hydrogen sector